Carpet_3

Amazing Flooring Company with Great Profits!

This flooring company offers beautiful and exquisite flooring options of a wide variety. Ranging from carpet, luxury vinyl, hardwood, tile, laminate to even more options. The company has a long history of providing excellent service and delivering unbeatable prices. They service both residential and commercial markets, rendering them versatile and competitive. They have been in service for over twenty years and exclusive brand deals with manufacturers, positioning them in a favorable situation when it comes to marketing and brand recognition.

PRICE: $353,855
REVENUE: $1,010,966
EBITDA: $135,644
LOCATION:
INDUSTRY: Construction
LISTING #: 6718
LISTED BY: Michelle Seiler Tucker
FINANCIAL INFORMATION
REVENUE: $1,010,966
EBITDA: $135,644
SELLER FINANCING: No
PRICE: $353,855
DOWN PAYMENT: Undisclosed
LENDER PREQUALIFIED: Yes
ASSETS
YEARS IN BUSINESS:
INVENTORY: $109,440
ACCOUNTS RECEIVABLE:
FF&E: $45,341
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ADDITIONAL INFORMATION
REASON FOR SELLING:
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GROWTH POTENTIAL & MARKET NOTES

Carpet and Flooring companies like this one depend on the growth of both residential and commercial markets. Based on the past five years the value of residential construction, it is expected to grow at an annualized rate of 1.5%¬-- offering an abundance of opportunity for industry services. Furthermore, there has been rising investments in housing stocks benefitting flooring installers tremendously. The industry is expected to see a 2.4% increase in revenue despite the global pandemic by the end of 2020. Additionally, according to reports from Market Watch, the global carpet market is expected to increase at at a CAGR of roughly 2.6% over the next five years, and will reach $241,400 million USD in 2024, compared to the $212,300 million USD in 2019. This company will surely follow suit and parallel this growth trend.

SEILER TUCKER AND M&A ASSOCIATES

Seiler Tucker Incorporated is America's Premier Merger & Acquisition Advisor. We are the expert business authorities in buying, selling, fixing and growing companies. We close 99% of all offers. We have thousands of buyers! Michelle Seiler Tucker is the Founder and CEO. She has sold over 500 businesses to date and currently owns and operated several successful businesses. Michelle continues to help buyers from all walks of life buy the American Dream, create financial freedom, be their own boss, and obtain a better quality of life.